Housing Wire

JUNE 4, 2023

Last week we saw a noticeable slowdown in housing inventory growth that I hope has more to do with a holiday week than a trend. Here’s a quick rundown of the last week: Active inventory grew 3,180 weekly , and new listing data fell week to week and is still trending at an all-time low in 2023. From the St.

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Inventory Housing Market Marketing New Listings 441

Housing Wire

DECEMBER 28, 2021

In fact, Paradise’s housing market, though constrained by unresolved wildfire litigation and issues like proper home insurance, even has the high-demand, low inventory problems of most other U.S. We currently have about 33 stick and manufactured homes active on the market and 103 active lots.

Insurance 383

Insurance Realty Agents Construction 383

Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. Neal pointed to a government-subsidized rate buydown program launched in the 1970s, another period of high interest rates.

Marketing 410

Marketing Government Mortgage Sellers 410

Housing Wire

MARCH 11, 2021

The bill will send $1,400 direct payments to individuals making up to $75,000 annually, and allocates $350 billion in aid to state and local governments and $14 billion for vaccine distribution. Per White House Press Secretary Jen Psaki, direct deposits could be hitting Americans’ bank accounts as early as this weekend.

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Tenants Government Retail Law 545

Housing Wire

JULY 26, 2021

The housing market is red hot. The Federal Housing Finance Agency house-price index rose 12% last year due to low inventories and high demand. The roots of racial disparities in housing and mortgage markets run deep.

Mortgage 504

Mortgage Lending Real Estate Agent Government 504

Housing Wire

OCTOBER 16, 2023

It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks. However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%.

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Agents Buyers Sellers Inventory 410

Housing Wire

MARCH 20, 2024

Buyer representation becomes mainstream The dramatic volume of lawsuits filed by aggrieved buyers highlighted the urgent need for change—a need our government in all of its infinite wisdom (sarcasm intended) failed to address at the time. It will likely take several days, multiple trips, and hours between showings to see homes.

Real Estate 479

Real Estate Buyers Agents Sellers 479

Hank Miller Team

JULY 12, 2023

The first half of the Atlanta 2023 housing market shared many similarities with the first half of the 2022 real estate market. In fact, some market are ahead of those record highs of '22. Clearly it's not the same market, but the interest rate shock seems to be accounted for. Not Greater Atlanta.

Housing Market 40

Housing Market Marketing Buyers Sellers 40

Housing Wire

MAY 2, 2024

The housing market has been on a topsy-turvy roller-coaster ride in recent years that has been particularly neck wrenching since this past fall, fueled by stubbornly high inflation and a still-strong jobs market. On a forward-looking basis, you would expect you don’t have the same tailwinds as you did before.”

Marketing 431

Marketing Mortgage Investors Sellers 431

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Worried about missing out on a boom? And for that group of people who had extra savings?

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Housing Market Marketing Real Estate Realtors 68

Realtor

APRIL 14, 2021

The housing market has been red-hot for a while, but the current market conditions make buying more of a challenge than ever. There is a shortage of houses in many markets. This can be attributed to low mortgage rates and low inventory creating strong demand from buyers.

Mortgage 159

Mortgage Real Estate Agent Buyers Real Estate 159

Appraisal Today

MAY 10, 2024

To read more, Click Here To read the listing with a virtual tour and 111 photos, Click Here == Some red flags for the housing market By Ryan Lundquist, May 2, 2024 Excerpts: Consumers are feeling economic pain, and we need to talk about some of the things that are brewing. There is no integrity in that.

Reconsideration of Value 71

Reconsideration of Value Appraisal Real Estate Insurance 71

Housing Wire

MAY 8, 2023

A key source of affordable housing inventory was cut in half over the last three years, resulting from well-intended but heavy-handed efforts to keep delinquent borrowers in homes. That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction.

Inventory 410

Inventory Renovations Supply Chain Buyers 410

Realtor

APRIL 14, 2021

The housing market has been red-hot for a while, but the current market conditions make buying more of a challenge than ever. There is a shortage of houses in many markets. This can be attributed to low mortgage rates and low inventory creating strong demand from buyers.

Mortgage 78

Mortgage Real Estate Agent Buyers Real Estate 78

Housing Wire

APRIL 29, 2024

Rising mortgage rates and a slower housing market than anticipated contributed to the weaker financial performance of the title segments of some of the nation’s largest title firms during the first quarter of 2024. on title insurance premiums and fees earned, which came in at $545.4 million in Q1 2023 to $316.7 annual decline.

Insurance 420

Insurance Investors Housing Market Government 420

Housing Wire

SEPTEMBER 14, 2023

Among buyers who were eligible for FHA or VA loans, 20% of realtors said their buyer clients have not considered VA or FHA because they do not want to pay private mortgage insurance (PMI) (21%) or they are worried their offers will be less competitive with these options (19%).

Buyers 441

Buyers Inventory Realtors Finance 441

Housing Wire

APRIL 5, 2021

In its most recent annual report to Congress, November 2020, the Federal Housing Administration ( FHA ) published its “capital ratio,” a measure of capital reserves to insurance-in-force held within the Mutual Mortgage Insurance Fund (MMI Fund). FHA, a government agency, is largely self-sufficient.

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Insurance Mortgage Housing Market Government 298

Housing Wire

NOVEMBER 15, 2021

The Department of Housing and Urban Development is taking a cautionary approach to changes to mortgage insurance premiums after a banner year for its Mutual Mortgage Insurance (MMI) fund. The capital ratio of the Federal Housing Administration ’s MMI fund reached 8.03% at the end of September, an increase of 1.93

Mortgage 397

Mortgage Insurance Renovations Tools 397

Housing Wire

AUGUST 8, 2023

In the secondary market, these jumbo loans are sold to other investors, such as real estate investment trusts, hedge funds and insurance companies. a market with high-income homebuyers that has experienced soaring home prices since 2020. So, we’re going after more government and conventional loans,” Busch said.

Insurance 370

Insurance Mortgage Clients Lending 370

Housing Wire

DECEMBER 22, 2022

The challenges buyers face today are significant: higher interest rates, higher home prices, historically low inventory, increasing costs for labor and materials and supply chain challenges. On the surface, these factors might make the outlook for the housing market look bleak, particularly for first-time homebuyers.

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Housing Market Marketing Insurance Supply Chain 410

Appraisal Today

AUGUST 18, 2023

That’s because scarce inventory is driving up prices, pushing many homes on the cusp over the seven-figure mark. Confirm that you are covered by your appraisal E&O insurance policy for hybrid and desktop appraisals. Government purchase applications provided a bright spot, increasing 2.4 Just over 8% of U.S.

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Appraisal Contracts Inspection Real Estate 75

Appraisal Today

JUNE 23, 2023

In addition to harming homeowners, systemic biases in valuations, either too low or too high, hurt neighborhoods, distort the housing market, and impact the tax base. A home valued too low can deprive homeowners of access to their equity and limit the mobility of sellers. It’s too much to ask of a machine.

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Appraisal Real Estate Valuation Contracts 87

Miller Samuel

MARCH 19, 2019

That article came out in 2014 right as the housing market was peaking. Much of this speculation is being driven by two factors: sparse supply, due to the absorption of the inventory left over from the last boom, and fast-rising prices. The Political Timeline. November: Control of the New York State Senate flipped.

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Real Estate Law Development Investors 370

Housing Wire

APRIL 13, 2022

As a driver of the economy, housing should be bolstered by: Non-bank lending institutions to lend in lower-income areas and to minorities in the same way that CRA provides for banks Reducing government-insured and guaranteed mortgage loan fees. While home inventories remain low, the prospects for first-time buyers diminish.

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Insurance Construction Government Lending 384

PennyMac

JANUARY 3, 2024

With a VA loan, there are: No down payment on home purchase loans* Lower closing cost limits Lower interest rates Relaxed credit requirements No monthly mortgage insurance premiums Already have a VA loan for your first home? Research the housing market. The housing market plays a significant role in the home-selling process.

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Real Estate Agent Buyers Real Estate Mortgage 36

The Robert Weiler Company

SEPTEMBER 7, 2022

See below why we feel Ohio land for sale market is still ripe for growth. The Ohio housing market has remained resilient over the past year and a half. The sector’s inventory levels, sales volume, and average sales prices indicate that momentum will continue this year. Residential Real Estate Sales.

Marketing 78

Marketing Real Estate Investing Retail 78

Housing Wire

MARCH 11, 2024

Lawmakers are still debating the official federal budget, and there’s an elevated risk of a government shutdown, Boltansky wrote in a report on Friday. Other housing- or mortgage-related initiatives focus on increasing demand for housing, but the real problem is on the supply side, according to Boltansky. Regarding the U.S.

Insurance 421

Insurance Mortgage Government Inventory 421

Appraisal Today

AUGUST 13, 2023

Here’s another thought for you to ponder: HUD, a governmental agency, is attacking appraisers who do their work per the guidelines established by two “quasi-governmental entities”, the two GSE’s, and two other government agencies, HUD/FHA, plus the VA. Dear Sellers, the housing market misses you It’s tough to value properties today!

Appraisal 75

Appraisal Contracts Real Estate Agent Mortgage 75

Will Springer Realtor

DECEMBER 19, 2023

We experienced yet another unusual year for residential real estate – high interest rates, leading to affordability challenges amid low inventory. Any one of those risks could cascade into other parts of the market and tip the economy into recession.” job losses and we have another odd year now in our rear-view mirror. “Any

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

APRIL 10, 2024

A federal appeals court, in a separate legal case, on April 5 granted the DoJ the right to reopen an investigation into NAR policies even after the government ended the probe in 2020.) Despite growing awareness, progress toward climate resilience in housing has been hindered by fragmented efforts and competing priorities.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Will Springer Realtor

AUGUST 9, 2022

Many local governments permit at least one dwelling unit with the main residence and some locales accept an attached and detached unit on the same property. The cities of Seattle and Renton offer pre-approved ADU designs to help streamline the government-approval process which can often be onerous. I have written on this topic before.

Inventory 36

Inventory Buyers New Listings Construction 36

Appraisal Buzz

SEPTEMBER 26, 2022

Entering the housing market today is challenging for many homeowners. There’s currently an inventory shortage, which is leading to more competition and increased prices. Pent-up housing demand, low-interest rates and new buyers have also added to the crisis. How to Improve the Housing Crisis. Try Upzoning.

Construction 195

Construction Supply Chain Buyers Retail 195

Patch of Land

NOVEMBER 1, 2017

Although rising rates might slow home sales, a growing economy and a healthy housing market should provide some relief. Rising mortgage rates can spur homebuyers to act in an effort to lock in rates before they rise any further, but constrained inventory and rising home prices could dampen this incentive to act.

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Lending Real Estate Investing Investors 28

Will Springer Realtor

DECEMBER 8, 2021

GREATER BUYING POWER Buyers who are struggling to purchase a home in this frenzied housing market will receive a bit of a lifeline in 2022. Since prices in our area (and many others) have increased this year near or above double digits, the government has agreed to boost the loan limit by an-unheard-of 15% starting Jan.

Sellers 36

Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

MAY 12, 2021

Warns Danielle Hale, chief economist with realtor.com: “While younger Millennial and Gen Z buyers are expected to play a growing role in the housing market, fast-rising prices will create a bigger barrier to entry for the many first-time buyers in these generations who don’t have existing home equity to tap for down payment savings.”.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

FEBRUARY 9, 2022

People are looking at higher prices, there’s slim pickings in inventory and now we have higher mortgage rates.”. Among other bills in the works, as of this writing: House Bill 1908 relates to the conversion of surplus public property to affordable housing. market in the last decade, reported FilterBuy.com. There are 0.4

Buyers 36

Buyers Law Inventory Development 36

Housing Wire

MARCH 21, 2024

Despite much of the political oxygen in Washington regarding housing issues being taken up by President Joe Biden and the White House, Republicans got their first major opportunity to offer an alternative vision for solving the nation’s housing problems. Andrew Garbarino (R-N.Y.).

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Insurance Government Inventory Development 431